economic activity

Oil drives Indian rupee lowest since July 2020
Oil & Gas

Oil drives Indian rupee lowest since July 2020

Indian bond yields hit their highest levels in nearly 18 months while the rupee fell to its lowest level since…
ICRA revises energy demand growth outlook to 8-8.5%
Power

ICRA revises energy demand growth outlook to 8-8.5%

Rating agency ICRA revised its energy demand growth outlook for 2021-22 upwards from 6% to 8-8.5% by ICRA.
Coal shortage deepens in India as plant inventories run low
Coal

Coal shortage deepens in India as plant inventories run low

India’s massive fleet of coal plants are running dangerously low on stockpiles, which may force the nation to buy expensive…
India’s power consumption up 18.6% to 129.51 BU in August
Power

India’s power consumption up 18.6% to 129.51 BU in August

India's power consumption grew 18.6% in August to 129.51 billion units (BU) and remained higher than the pre-COVID level due…
Petrol demand continues to rise in August
Oil & Gas

Petrol demand continues to rise in August

India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data…
Pakistan steps up oil & gas imports as power demand surges
Oil & Gas

Pakistan steps up oil & gas imports as power demand surges

Pakistan has stepped up its oil and gas imports this year from last year as demand from its power sector…
Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr
Oil & Gas

Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr

The union government's tax collections on petrol and diesel jumped by 88% to Rs 3.35 lakh crore in the year…
Power consumption grows 9.3% in first half of June
Power

Power consumption grows 9.3% in first half of June

Power consumption in the country grew by 9.3% in the first half of June to 55.86 billion units (BU), indicating…
Retiring coal plants can help Maharashtra save Rs 16,000 Cr
Coal

Retiring coal plants can help Maharashtra save Rs 16,000 Cr

Maharashtra can save up to Rs 16,000 crore in the next five years by shutting down old coal-fired power plants,…
City Gas volumes impacted in 2nd COVID wave
Oil & Gas

City Gas volumes impacted in 2nd COVID wave

City gas volumes have been impacted by the second wave of COVID-19 induced lockdowns, but the drop is less severe…
Power consumption grows 12.6% in first week of June
Power

Power consumption grows 12.6% in first week of June

Power consumption in the country grew at 12.6% in the first week of June to 25.36 billion units (BU), indicating…
Petrol, diesel sales drop 17% in May owing to lockdowns
Oil & Gas

Petrol, diesel sales drop 17% in May owing to lockdowns

India's petrol and diesel sales fell by about 17% in May from a month ago as restrictions clamped to curb…
India’s power consumption grows nearly 45% in April
Power

India’s power consumption grows nearly 45% in April

Power consumption in the country grew nearly 45% in the first half of April to 60.62 billion units (BU) over…
India’s fuel consumption contracts 9.1% in FY21
Oil & Gas

India’s fuel consumption contracts 9.1% in FY21

India's fuel demand contracted by a massive 9.1% in the financial year ended March 31, the first in more than…
India’s annual electricity demand fall for first time in 35 years
Power

India’s annual electricity demand fall for first time in 35 years

India's annual electricity demand fell for the first time in at least 35 years in the fiscal year to March,…
Power consumption grows 16.5% in first 12 days of March
Power

Power consumption grows 16.5% in first 12 days of March

Power consumption in the country grew 16.5% in the first 12 days of this month at 47.67 billion units over…
0.88% growth in power consumption in February
Power

0.88% growth in power consumption in February

India's power consumption grew 0.88% in February at 104.73 billion units (BU) due to a slight rise in temperature in…
Coal India’s supply to power sector declines by 5%
Coal

Coal India’s supply to power sector declines by 5%

Coal supply by Coal India Limited (CIL) to the power sector declined by 5.3% to 318.04 million tonnes (MT) in…
December’s power consumption grew 6.1 percent
Power

December’s power consumption grew 6.1 percent

India's power consumption grew by 6.1% to 107.3 billion units (BU) in December, showing spurt in economic activities.
Pradhan calls for early operationalisation of Iron Ore Mines
Mining

Pradhan calls for early operationalisation of Iron Ore Mines

Dharmendra Pradhan held a meeting with Odisha CM Naveen Patnaik and Mines Minister Pralhad Joshi, discussions centred around resolving the…
CIL’s supply to power sector drops due to low activity
Coal

CIL’s supply to power sector drops due to low activity

The despatch of coal by CIL to the power sector declined 6.6% to 236.97 million tonnes (MT) in April-October period…
Kolar Gold Fields mineral exploration starts
Mining

Kolar Gold Fields mineral exploration starts

Mineral Exploration Corporation Limited (MECL) started exploratory drilling at Betrayaswamy block of the Kolar Gold Fields (KGF).
PM Modi inaugurates three key Petroleum projects in Bihar
Oil & Gas

PM Modi inaugurates three key Petroleum projects in Bihar

The Prime Minister Narendra Modi dedicated to the nation three key projects related to the Petroleum sector in Bihar via…
MCE industry reports contraction of volumes by over 20% in CY2020: ICRA
Mining

MCE industry reports contraction of volumes by over 20% in CY2020: ICRA

ICRA continues to maintain negative outlook for the domestic mining and construction equipment (MCE) sector based on the prevailing overall…
JLL’s latest GRET Index reveals significant improvement in India
Infrastructure

JLL’s latest GRET Index reveals significant improvement in India

India’s real estate industry has registered one of the largest improvements globally and regionally in JLL and LaSalle’s biennial Global…
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